Common use of CFD TRADING Clause in Contracts

CFD TRADING. During the course of this Agreement in relation to individual CFD Transactions the Company will act either receive and transmit the Private Investor Order for execution to a third party, which will be the execution venue and counterparty in the CFD. Orders may be placed with the Company either on the Company Online Trading System, through the Private Investor’s compatible personal computer connected to the internet, or via phone with the use of Access Data. The Company will be entitled to rely and act on any Order given by using the Private Investor Access Data without any further enquiry to the Private Investor and any such Orders will be binding upon the Private Investor. The Company shall receive and transmit for execution given by the Private Investor strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order. Any Order that the Private Investor gives to the Company constitutes an irrevocable instruction to the Company to proceed with the Transaction on the Private Investor’s behalf. Orders can be placed, executed and (if allowed) changed or removed within the trading time from 22:00 Sunday to 22:00 Friday Central European Time (CET) and if they are not executed they shall remain effective through the next trading session (as applicable). All open positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position. The Company shall not be obliged to, but may, at its absolute discretion, execute the Private Investor’s Orders in respect of any CFD out of normal trading hours. The Company may establish cut-off times for instructions or Orders which may be earlier than the times established by the particular Market and/or clearing house involved in any Transaction and the Private Investor shall have no claims against the Company arising out of the fact that an Order was not placed by the Private Investor ahead of the cut-off time. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Private Investor. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Private Investor Account Equity reaches zero. We reserve the right to change the contract specifications, including leverage, deal size and spreads, at any time depending on the market situation. You agree to check the full specifications of the CFD instrument before placing any order. We reserve the right to allow change to your Trading Account leverage or spreads at our discretion. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. The level of Swap Rates varies in size and change depending on the level of interest rates. We reserve the right to change the level of Swap Rights and credit your account accordingly. From Sunday midnight to Friday, swaps are calculated once with exception of Wednesday to Thursday swaps are calculated in triple size. Our spreads are based on market rates received from the execution broker(s) and/or liquidity providers and are pre-determined according to your account status. Spreads may be changed at our discretion without your prior consent. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. For further information, as to the execution of order refer to the “Order Execution Policy”, available on our website.

Appears in 3 contracts

Samples: Terms and Conditions Client Agreement, Terms and Conditions Client Agreement, Terms and Conditions

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CFD TRADING. During the course of this Agreement in relation to individual CFD Transactions the Company will act either receive and transmit the Private Investor Order for execution to a third party, which will be the execution venue and counterparty in the CFD. Orders may be placed with the Company either on the Company Online Trading System, through the Private Investor’s compatible personal computer connected to the internet, or via phone with the use of Access Data. The Company will be entitled to rely and act on any Order given by using the Private Investor Access Data without any further enquiry to the Private Investor and any such Orders will be binding upon the Private Investor. The Company shall receive and transmit for execution given by the Private Investor strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order. Any Order that the Private Investor gives to the Company constitutes an irrevocable instruction to the Company to proceed with the Transaction on the Private Investor’s behalf. Orders can be placed, executed and (if allowed) changed or removed within the trading time from 22:00 Sunday to 22:00 Friday Central European Time (CET) and if they are not executed executed, they shall remain effective effective through the next trading session (as applicable). All open positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position. The Company shall not be obliged to, but may, at its absolute discretion, execute the Private Investor’s Orders in respect of any CFD out of normal trading hours. The Company may establish cut-off off times for instructions or Orders which may be earlier than the times established by the particular Market and/or clearing house involved in any Transaction and the Private Investor shall have no claims against the Company arising out of the fact that an Order was not placed by the Private Investor ahead of the cut-off off time. Orders shall be valid in accordance with the type and time of the given Order, as specified specified by the Private Investor. If the time of validity of the order is not specifiedspecified, it shall be valid for an indefinite indefinite period. However, the Company may delete one or all pending orders if the Private Investor Account Equity reaches zero. We reserve the right to change the contract specificationsspecifications, including leverage, deal size and spreads, at any time depending on the market situation. You agree to check the full specifications specifications of the CFD instrument before placing any order. We reserve the right to allow change to your Trading Account leverage or spreads at our discretion. We reserve the right to use floating floating spreads on any asset at our discretion for MT5 accounts. The level of Swap Rates varies in size and change depending on the level of interest rates. We reserve the right to change the level of Swap Rights and credit your account accordingly. From Sunday midnight to Friday, swaps are calculated once with exception of Wednesday to Thursday swaps are calculated in triple size. Our spreads are based on market rates received from the execution broker(s) and/or liquidity providers and are pre-determined according to your account status. Spreads may be changed at our discretion without your prior consent. We reserve the right to use floating floating spreads on any asset at our discretion for MT5 accounts. For further information, as to the execution of order refer to the “Order Execution Policy”, available on our website.

Appears in 1 contract

Samples: Terms and Conditions

CFD TRADING. During the course of this Agreement in relation to individual CFD Transactions the Company will act either receive and transmit the Private Investor Order for execution to a third party, which will be the execution venue and counterparty in the CFD. Orders may be placed with the Company either on the Company Online Trading System, through the Private Investor’s compatible personal computer connected to the internet, or via phone with the use of Access Data. The Company will be entitled to rely and act on any Order given by using the Private Investor Access Data without any further enquiry to the Private Investor and any such Orders will be binding upon the Private Investor. The Company shall receive and transmit for execution given by the Private Investor strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order. Any Order that the Private Investor gives to the Company constitutes an irrevocable instruction to the Company to proceed with the Transaction on the Private Investor’s behalf. Orders can be placed, executed and (if allowed) changed or removed within the trading time from 22:00 Sunday to 22:00 Friday Central European Time (CET) and if they are not executed they shall remain effective through the next trading session (as applicable). All open positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position. The Company shall not be obliged to, but may, at its absolute discretion, execute the Private Investor’s Orders in respect of any CFD out of normal trading hours. The Company may establish cut-off times for instructions or Orders which may be earlier than the times established by the particular Market and/or clearing house involved in any Transaction and the Private Investor shall have no claims against the Company arising out of the fact that an Order was not placed by the Private Investor ahead of the cut-off time. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Private Investor. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Private Investor Account Equity reaches zero. We reserve the right to change the contract specifications, including leverage, deal size and spreads, at any time depending on the market situation. You agree to check the full specifications of the CFD instrument before placing any order. We reserve the right to allow change to your Trading Account leverage or spreads at our discretion. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. The level of Swap Rates varies in size and change depending on the level of interest rates. We reserve the right to change the level of Swap Rights and credit your account accordingly. From Sunday midnight to Friday, swaps are calculated once with exception of Wednesday to Thursday swaps are calculated in triple size. Our spreads are based on market rates received from the execution broker(s) and/or liquidity providers and are pre-determined according to your account status. Spreads may be changed at our discretion without your prior consent. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. For further information, as to the execution of order refer to the “Order Execution Policy”, available on our website.

Appears in 1 contract

Samples: Terms and Conditions

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CFD TRADING. During the course of this Agreement in relation to individual CFD Transactions the Company will act either receive and transmit the Private Investor Order for execution to a third party, which will be the execution venue and counterparty in the CFD. Orders may be placed with the Company either on the Company Online Trading System, through the Private Investor’s compatible personal computer connected to the internet, or via phone with the use of Access Data. The Company will be entitled to rely and act on any Order given by using the Private Investor Access Data without any further enquiry to the Private Investor and any such Orders will be binding upon the Private Investor. The Company shall receive and transmit for execution given by the Private Investor strictly in accordance with their terms. The Company will have no responsibility for checking the accuracy of any Order. Any Order that the Private Investor gives to the Company constitutes an irrevocable instruction to the Company to proceed with the Transaction on the Private Investor’s behalf. Orders can be placed, executed and (if allowed) changed or removed within the trading time from 22:00 Sunday to 22:00 Friday Central European Time (CET) and if they are not executed executed, they shall remain effective through the next trading session (as applicable). All open positions will be rolled over to the next business day at the close of business in the relevant Underlying Market, subject to the Company’s rights to close the open position. Any open forward positions will be rolled over at the expiry of the relevant period into the next relevant period subject to the Company’s rights to close the open forward position. The Company shall not be obliged to, but may, at its absolute discretion, execute the Private Investor’s Orders in respect of any CFD out of normal trading hours. The Company may establish cut-off times for instructions or Orders which may be earlier than the times established by the particular Market and/or clearing house involved in any Transaction and the Private Investor shall have no claims against the Company arising out of the fact that an Order was not placed by the Private Investor ahead of the cut-off time. Orders shall be valid in accordance with the type and time of the given Order, as specified by the Private Investor. If the time of validity of the order is not specified, it shall be valid for an indefinite period. However, the Company may delete one or all pending orders if the Private Investor Account Equity reaches zero. We reserve the right to change the contract specifications, including leverage, deal size and spreads, at any time depending on the market situation. You agree to check the full specifications of the CFD instrument before placing any order. We reserve the right to allow change to your Trading Account leverage or spreads at our discretion. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. The level of Swap Rates varies in size and change depending on the level of interest rates. We reserve the right to change the level of Swap Rights and credit your account accordingly. From Sunday midnight to Friday, swaps are calculated once with exception of Wednesday to Thursday swaps are calculated in triple size. Our spreads are based on market rates received from the execution broker(s) and/or liquidity providers and are pre-determined according to your account status. Spreads may be changed at our discretion without your prior consent. We reserve the right to use floating spreads on any asset at our discretion for MT5 accounts. For further information, as to the execution of order refer to the “Order Execution Policy”, available on our website.

Appears in 1 contract

Samples: Terms and Conditions

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